Business for Sale in England: East Sussex - MODERN, WELL-EQUIPPED GARAGE NEAR EASTBOURNE IN EAST SUSSEX - Leasehold: £95,000
Key Information
- Ref
- P34489T
- Type
- Motor & Transport Businesses: Garages
- Location
- England: East Sussex
- Tenure
- Leasehold
- Status
- For Sale
Situated in a semi-rural but easily accessible location near Eastbourne in East Sussex, this modern and spacious garage is run by the two owners along with two full-time employees. Since being established in 2014, the business has shown a constant steady growth every year.
Along with all types of servicing, maintenance and repair work, the garage also generates an excellent income from used car sales. The most recent accounts show a total turnover of £776,116 (comprising servicing and repairs: £248,861 and used car sales: £527,255).
The garage is available for sale complete with a range of high-quality equipment. An inventory of contents will be available on request. Also, the present owners arranged the construction of an impressive new on-site office last year and the cost of the entire project including fit-out was in the region of £50,000.
The business has built an excellent reputation reflected in some outstanding online reviews. The trading name is included in the sale along with a highly professional and well-maintained website. This is a very busy garage and new owners could simply take over and start earning from day one. With further investment, there is also the potential to add MOT testing facilities to accelerate future growth of the business.
Effectively, the garage currently occupies two adjacent units at a total cost of approximately £1,350 per month. We understand that the vendors would consider selling just the servicing and repairs element of the business, i.e. excluding used car sales. With this option, it is likely that only one unit would be required and the rent could then be reduced by half.
The current owners are keen that the business should continue to flourish, and they are willing to offer help and support during a handover period to ensure a smooth transition following the sale.
Photos and full sales details will be available soon. For further information at this stage, please email sussex@emfgroup.com or call Mark Jameson on: 01273 803777.
Leasehold £95,000 Ref: P34489T
